Focus Lightings Tech Co.,Ltd. Posted 121.2 Million Yuan Net Profit in 2023

Focus Lightings Tech Co.,Ltd. (聚灿光电科技股份有限公司) (300708.SZ) reported a net profit of 121.2 million yuan in 2023, reversing a net loss of 63.3 million yuan for the previous year.

Meanwhile, the company posted 2.5 billion yuan in revenue, up 22.3% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 39.2%.